Alonso makes Aston Martin on podium millions in stock market

Formula 1 is the perfect showcase for the brand. It’s a fact and fundamental to this sport. This enables car factories to increase their visibility and value in the world through their excellent results.And we have the clearest example Formula 1 Bahrain GP and aston martinThe company’s shares in the UK stock market on Friday bubbled up on Asturias’ leadership in free practice, with the Oviedo native’s impressive podium finish and the AMR23 in the race second only to Red Bull on the grid across the grid. It is the second fastest machine in terms of long run pace.

Aston Martin has experienced a significant rally in the UK stock market since pre-season testing. There, it was revealed that the car had taken a big step forward, and even Mercedes boss Toto Wolff claimed that the Aston Martin was the second best car. rice field. At 7am on February 23rd, before pre-season testing began, Aston Martin was valued at £188. After the test controversy, when the UK stock market opened the following Monday, it suddenly rose to £202, with the value per share up £14.

150 million in 18 minutes in free practice 3

But the market is aware that the car’s performance needs to be confirmed at the first race of the year, as there were questions about what other rivals were hiding, and is cautious on Aston Martin. was keptBut that great beginning Fernando Alonso’s Bahrain Grand PrixSecond in Free Practice 1 and leader of Free Practice 2, finally unleashed his madness. His share price on Grand Prix Friday was £216.3. At 4pm before Free Practice 2 started, they were already up to 230.8. And in just 18 minutes, Fernando Alonso’s great pace and his lead put them up to his 249.70. In just 18 minutes, Aston Martin’s share price has risen by a total of €154 million. crazy.

Big gains on Monday as the market opens

But that’s not all. Aston’s Martin rankings after that were Alonso his 5th and the final podium was his 2nd best car on the track but this Monday the UK market opened up after the weekend break. That made things even worse. The team’s stock price soared in the morning. Aston Martin’s shares opened near £250 a share on Monday and reached a high of almost £300. Up £50 per share Everyone was amazed. Eventually, the price stabilized at 275.

By becoming Aston Martin’s market capitalization has risen from around £1.7bn on Friday to around £1.91459bn this Monday.with its increasing value A bag of £214m (€241m more than Friday). round business.

Pre-season test:
– February 23rd at 7am: £188 per share
– February 27th, the first Monday after testing: £202.

GP Bahrain:

– Friday 3rd March: £216.3
– 4pm Start of Free Practice 2: £230.8.
– 4:18pm Full Free Practice 2: up to 249.70. Alonso leading Free Practice 2 (company value increased by his €154 million).

After the Bahrain GP:
– Monday after the podium (6th March). Aperture: 250. – Maximum peak 299 lbs, 20% increase.
– stabilizes at 275.

Total rise on Monday: He started at 250 on Monday. Shares up £25. (They went on to gain 49 pounds at their maximum peak).
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naMarket capitalization:
Friday: £1.7 billion
Monday: £1,914.59 million.
Total Won: 214 million pounds.